Furlough Assistance
We are committed to supporting you during these challenging times and providing the financial tools and resources you need to succeed. If you need assistance during the government shutdown, turn to us. We have loans and payment solutions to help.
Emergency Furlough Loan
Get up to two weeks of your net pay. To apply, simply provide proof of your furlough and your most recent pay stub. (One loan per member).
- Borrow up to $3,000
- 4.50% APR up to 18 months*
- First payment deffered up to 45 days*
- Quick application process
Skip-A-Pay**
If you currently have an auto loan, personal loan, or VISA credit card with us, you may be able to skip one monthly payment. Our Skip-A-Payment program gives you the freedom to handle your financial obligations without tarnishing your credit. The best part is that we’ll even waive the Skip-A-Payment fee.
For over 85 years, we’ve proudly served the transportation community and remain committed to our core purpose of enhancing the financial well-being of our members.
*APR = Annual Percentage Rate. For example, for $3,000 for a term of 18 months with a rate of 4.50% APR, the monthly payment would be approximately $172.97. TFCU Emergency Furlough Loan based on credit worthiness. Must be a member for at least 30 days and in good standing. Only one loan per member. Loan available up to two weeks of member net pay or $3,000, whichever is lower. Finance charges will continue to accrue during the deferral period. Subject to credit approval. TFCU reserves the right to end the Emergency Furlough loan at any time. Certain restrictions apply. Contact us for details.
**Interest will continue to accrue on your outstanding loan balance(s), and this action could result in additional payments required to pay your loan in full. When payments resume, unpaid interest and fees will be collected first, and the remaining monies will be applied toward principal.
Member will only qualify for one program. At no time, can a member be granted a furlough skip-a-pay if they have a furlough loan and vice versa. Lastly, members with involuntary unemployment coverage on existing loans will be eligible to file a claim with CUNA Mutual on day 15th from the furlough date.